After costs, if the gap returns to its 7d average, $10k−$92
spread now+0.084%7d average+0.065%fees + slippage, in and out−$94spread needed0.938%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SPCXUSDT | 155.07 | 0.0050 | pay 0.0050% / 8h | 31m 34s | $540K | $298K | 50x |
| Short | Deribit SPCX_USDC-PERPETUAL | 155.20 | 0.0137 | get 0.0017% / 1h | 31m 34s | $58K | $749K | 10x |
Phemex SPCXUSDT
Deribit SPCX_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $8.38
- Funding while held
- $2.6
- Slippage, 4 orders
- −$74.77
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$82.79
- Spread needed to break even
- 0.938%
Slippage from Phemex: live order book, 17 min ago; Deribit: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0087%
- Per $10,000 a day
- +$2.60
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 17 min ago | 6.71 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 9 min ago | 6.42 bp | 9.9 bp −$10 | 11.9 bp −$119 | doesn't fit | doesn't fit |
SPCX price on every exchange
against the cheapest. Click to use as the short leg.KuCoin155.07cheapest
KuCoinPhemex155.07cheapest
Arcus155.09+0.013%Pacifica155.11+0.026%Gate155.12+0.032%Lighter RH155.13+0.039%Ondo Perps155.13+0.039%tradeXYZ155.14+0.045%GMX155.15+0.048%SoDEX155.15+0.052%Nado155.15+0.053%Lighter155.16+0.058%Polymarket Perps155.16+0.058%Bybit155.18+0.071%QFEX155.19+0.077%Extended155.19+0.079%Paradex155.19+0.079%
Arcus
Pacifica
Gate
Lighter RH
Ondo Perps
tradeXYZ
GMX
SoDEX
Nado
Lighter
Polymarket Perps
Bybit
QFEX
Extended
ParadexDeribit155.20+0.084%
Aevo155.21+0.091%Vest155.22+0.097%SunX155.22+0.097%RISEx155.22+0.100%Aster155.23+0.102%Bullet155.24+0.106%OKX155.24+0.110%Orderly155.24+0.110%Binance155.24+0.111%HTX155.27+0.129%Bitget155.28+0.135%ApeX Omni155.32+0.161%edgeX155.37+0.192%StandX155.38+0.200%BloFin155.38+0.200%Aftermath Perps155.54+0.302%Phoenix155.55+0.310%Variational Omni155.61+0.348%Coinbase International157.06+1.283%Injective157.25+1.406%
Aevo
Vest
SunX
RISEx
Aster
Bullet
OKX
Orderly
Binance
HTX
Bitget
ApeX Omni
StandX
BloFin
Phoenix
Variational Omni
Coinbase International
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SPCXUSDTM | 0.000% | +0.0100% | 8h | $13.3M | $3.4M | 20x | as long as short |
| Phemex SPCXUSDTlong | 0.000% | +0.0050% | 8h | $540K | $298K | 50x | |
| Arcus SPCX-USD | +0.013% | +0.0040% | 1h | $114K | $265K | 5x | as long as short |
| Pacifica SPCX | +0.026% | +0.0100% | 1h | $168K | $122K | 10x | as long as short |
| Gate SPCX_USDT | +0.032% | 0.0000% | 8h | $100.4M | $23.7M | 100x | as long as short |
| Lighter RH SPCX | +0.039% | +0.0032% | 1h | $2.5M | $8.0M | 20x | as long as short |
| Ondo Perps SPCX-USD.P | +0.039% | +0.0050% | 1h | $3.0M | $2.1M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.045% | +0.0050% | 1h | $135.4M | $82.7M | 20x | as long as short |
| GMX SPCX/USD [ETH-USDC] | +0.048% | L −0.0204% / S +0.0415% | 1h | $90K | — | 20x | as long as short |
| SoDEX SPCX-USD | +0.052% | +0.0050% | 1h | $1.7M | $74K | 20x | as long as short |